spol

Polygon officially launched the native liquid staking token sPOL, aimed at enhancing the earnings of POL token stakers.As Polygon's native liquid staking token, sPOL will unlock approximately 3.6 billion staked POL and provide stakers with priority trading fee sharing. Currently, only about 4% - 5% of POL is in a liquid state, and sPOL will improve the situation where idle capital cannot participate in DeFi earnings. Users can migrate their existing stakes to sPOL through the Polygon Staking Portal without waiting, and rewards will not be interrupted; new stakes will automatically receive sPOL.The initial exchange ratio of sPOL is 1:1, increasing as staking rewards accumulate. sPOL supports liquidity provision, collateralization, and DeFi strategy yield stacking, and can be redeemed back to POL and accumulated rewards at any time. The first batch was launched by Polygon Labs and audited by ChainSecurity and Certora, with initial liquidity injected from the official fund pool. The official reminder states that sPOL carries risks of smart contract vulnerabilities, validator behavior penalties, and market volatility risks.

ChainCatcher news, lawyer Fred Rispoli stated that Ripple's appeal against the U.S. Securities and Exchange Commission (SEC) mainly relies on paperwork rather than new evidence or trials.He pointed out that both parties will submit three core documents, and oral arguments are expected to take place in September or October 2025, with preliminary opinions potentially affecting the outcome of the case. Rispoli also emphasized that amicus briefs will play an important role in this appeal, providing new perspectives.Additionally, he predicted that SEC Chairman Gary Gensler may resign, and new leadership will have a significant impact on cryptocurrency regulation. If Congress passes new legislation by the end of the year, Ripple's legal team will leverage this new law to influence the direction of the case.

ChainCatcher news, the AI Web3 developer platform Ispolink has joined the Manta Network ecosystem. Ispolink will integrate Manta Pacific into its own dApp and deploy it on its decentralized infrastructure for activities such as purchasing services, earning points, and claiming rewards. Currently, the ISP native token has been launched in the Manta Pacific ecosystem and the official cross-chain bridge.